Global insight
China-Laos Railway station construction continues steady progress
It started construction on Aug 16 with an area of 6,500 square meters. |
China's steel production and consumption hit a new high
According to data recently released by China Iron and Steel Industry Association, from January to November, China produced 961 million tons of crude steel, with a year-on-year increase of 5.50%; 813 million tons of pig iron, with a year-on-year increase of 4.1... |
METI predict Japan's crude steel output increase 7.3% to 23.5 million tons in Q1 2021
METI predicts that Japan's crude steel output will reach 23.5 million tons in the first quarter of 2021. |
Baosteel's ironmaking plant of China Baowu Ma’anshan Iron and Steel Co., Ltd. accelerated its efforts to complete the annual hot metal production task ahead of schedule
As of December 29, China Baowu Masteel ironmaking plant has completed the production of 14505310 tons of hot metal and 14.4 million tons of annual production ahead of schedule. |
Delong group plans 20-million-ton steel project in Indonesia! The first phase will be put into full operation
In 2020, the first-line project of Dexin iron and Steel Co., Ltd. in Indonesia started production at the end of March, and continued to make profits when it reached the production capacity in June, creating a precedent for overseas steel plants to achieve prod... |
Taigang group will deposit Baosteel Desheng and Ningbo Baoxin
On December 30, the signing ceremony of new agreement between Baosteel Desheng and Ningbo Baosteel was held in Baowu building. |
Russian Antimonopoly Authority proposes to impose export duties on billet and rebar
The Federal Antimonopoly Agency of the Russian Federation has proposed to investigate billet and rebar and impose export duties to ease the sharp rise in local prices over the past month. |
Japan's steel exports fell 4.7% year-on-year in January-November 2020 and 18.4% year-on-year in China
According to customs statistics released by the Japan Iron and Steel Federation, Japan's exports of steel products in November were 2.43 million tons, down 2.5% from a month earlier, down 10.4% from a year earlier. |
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